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20121203
20121203
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up personal computer sector? >> manufacturing data out of china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even europe's pmi improves a touch in november. first up, we're one month away from the fiscal cliff and so far the white house and congressional republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. yesterday our own jim cramer and maria bartiromo were on "meet the press" and cramer had a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on board with you because they fear your view. they think you do not favor going -- you favor going over the cliff. that's what they think. they think that you favor -- >> just for the record since we're on tv. that's silly if they think that they shouldn't be ceos. >> it doesn't really matter. that's what they think. >> i want you to walk me up to that moment. >> behind the record. i like that too. >> i'm stuck. li
a little bit. the key thing is looking at china, the oil demand terrible all summer. started to rebound in september with a record high for amount of demand #* demand. in october, they hit the third highest month on record for demand, a strong manufacturing number means, of course, that oil demand could be another record this month into december. this is the high demand period in china, very, very supportive for the market. that doesn't matter. if the u.s. is in recession, if the informerring sector falls off the cliff, that lowers expectations, and temper the increase now, but from the big picture per specttive, a rebound in chinese manufacturing probably means a rebound in crude oil prices in the coming months. >> you know, phil, it's warm here in the northeast. unseasonably warm, actually. natural gas up for the first time in four sessions. just jiggering here? what's causing the jump? >> well, forecast says we might be in warrant -- winter after all. forecasts could colder. i'm not buying it. we rallied weeks ago because it was to be cold. we're sweating in chicago. the natural gas
Search Results 0 to 1 of about 2